Trump's childhood home in New York City is up for auction again after failing to sell for $2.9 million. Take a look inside the 5-bedroom house.

  • PresidentDonald Trump’s childhood home inNew York City isup for auction again after failing to sell for its previous asking price of $2.9 million, The New York Times reported.
  • The five-bedroom Tudor-style house was sold at auction twice before, most recentlyfor $2.14 million in 2017.
  • It was then put on the market for $2.9 million in February andput up for auction again 10 days later.
  • The home was evenonce listed on Airbnb, back in August 2017, for $725 per night.
  • The home sits on a quiet street in Jamaica Estates, an affluent neighborhood in Queens about a 40-minute drive fromManhattan.
  • Visit Business Insider’s homepage for more stories.

PresidentDonald Trump’s New York City childhood home, where he lived until he was 4 years old, isup for auction again after it failed to sell for $2.9 million, The New York Times reported.

The home was previouslylisted for $2.9 million in February and went to auction with Paramount Realty USA just 10 days later.

Misha Haghani, the founder ofParamount Realty USA, told Mansion Globalhe expects the house to sell for between $2 million and $6 million.

“The value is not in the bricks and mortar, it is in the association with the president of the United States,” Haghani told the publication.

The house last changed hands in 2017, when the previous owner, real estate investor Michael Davis,sold it for $2.14 million to Trump Birth House LLC, according to The New York Post.

In August 2017, the house was even listed on Airbnb — for $725 a night, The Post reported.

Here’s a look inside.

Donald Trump’s childhood home in New York City is once again up for auction after it failed to sell for its $2.9 million asking price earlier this year.

Source:The New York Times,Paramount Realty USA

The house is tucked away on a quiet street in the Queens neighborhood of Jamaica Estates.

Source:Trump Birth House

Jamaica Estates is an affluent neighborhood about a 40-minute drive from Trump Tower in Midtown Manhattan.

Source:Google Maps

The home has sold at auction twice before, most recently in 2017 to a limited liability company called Trump Birth House LLC for $2.14 million. It was then put on the market for $2.9 million in February 2019.

Source:The New York Post

Just 10 days later, the house was put up for auction with Paramount Realty USA.

Source:The New York Times, Paramount Realty USA

Jamaica Estates is filled with stately homes and wide, tree-lined streets. Trump has described the neighborhood an “oasis.” He told The New York Times in 2015 that it was “safe” and “very family oriented.”

Source:Business Insider

The five-bedroom, 2,500-square-foot Tudor-style home was built by the president’s father, Fred Trump, in 1940. Trump lived in the five-bedroom house until he was 4 years old.

Source:Business Insider

According to the previous listing, the house includes a finished basement, an enclosed patio, a five-car driveway …

Source:Trump Birth House

… and a two-car garage.

Source:Trump Birth House

A life-sized cardboard cutout of Trump can be seen in one of the living areas.

Source:Trump Birth House

The home features arched doorways and hardwood floors.

Source:Paramount Realty USA

The listing photos, however, show that much of the interior appears a bit dated.

Source:Paramount Realty USA

Photos show a wood-paneled library containing hundreds of books and a sturdy wooden desk.

Source:Paramount Realty USA

The listing photos show what appears to be a glass-enclosed sun room at the back of the house.

Source:Paramount Realty USA

The home was once listed on Airbnb, back in August 2017, for $725 per night.

Source:The New York Post

Misha Haghani, the founder of Paramount Realty USA, told Mansion Global he expects the house to sell for between $2 million and $6 million.

Source:Mansion Global

“The value is not in the bricks and mortar, it is in the association with the president of the United States,” Haghani said.

Source:Mansion Global

There is an undisclosed minimum price on Trump’s childhood home, meaning the seller will be able to refuse any offer below that. The auction will close on November 14.

Source:The New York Times, Paramount Realty USA

SEE ALSO:I visited Trump's childhood neighborhood on the outskirts of NYC, and it didn't take long to see why he's called it an 'oasis'

NOW READ:Hedge-fund manager Ken Griffin's $238 million NYC apartment shattered the US real estate record — here's a look at his record-setting properties and penthouses

Source: Read Full Article